Posted at 15:08h
in
News
by KMFSLLP
German Finance Minister Olaf
Scholz said on Tuesday regulators must ensure that
cryptocurrencies such as Facebook's planned digital coin
Libra do not threaten financial stability and consumer privacy.
...
Posted at 14:51h
in
News
by KMFSLLP
Liberal lawmakers at the
European Parliament will support German conservative Ursula von
der Leyen as the next European Commission president, the leader
of the group said on Tuesday.
...
Posted at 12:30h
in
News
by KMFSLLP
Australia's prudential regulator
should become less "discreet"
and be given more power, including the ability to veto corporate
boardroom hires, a government report said, in a sign oversight
bodies are being dragged into a banking sector clean-up.
Posted at 12:26h
in
News
by KMFSLLP
Wells Fargo & Co beat analysts'
estimates for quarterly profit on Tuesday, as the
fourth-largest U.S. bank benefited from an uptick in lending and
aggressive cost cutting.
...
Posted at 12:18h
in
News
by KMFSLLP
JPMorgan Chase & Co reported a
better-than-expected quarterly profit on Tuesday as higher
interest income and buoyant consumer lending offset lower
activity at its trading desks.
...
Posted at 12:07h
in
News
by KMFSLLP
Wells Fargo & Co reported a 22%
increase in quarterly profit on Tuesday, helped partly by the
fourth-largest U.S. lender's aggressive cost cutting.
...
Posted at 12:05h
in
News
by KMFSLLP
Goldman Sachs Group Inc reported
a better-than-expected quarterly profit on Tuesday as the Wall
Street investment bank benefited from higher equity trading and
an increase in lending to its wealthy clients and companies.
Posted at 11:58h
in
News
by KMFSLLP
London's mayor has blocked plans
to build a glass viewing platform 1,000 feet (300 m) above
Britain's capital on a slender tower shaped like a tulip, saying
it would be of limited public benefit and damage the skyline.
Posted at 11:57h
in
News
by KMFSLLP
Outgoing British Prime Minister
Theresa May on Tuesday told her top ministers to keep engaging
with businesses over Brexit, and that firms expect her successor
to keep up infrastructure investment and continue developing an
industrial strategy.
Posted at 11:55h
in
News
by KMFSLLP
‘Revolution not evolution’ needed to restore trust in system, says Keith Williams
...
